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Gemini benefits face looming challenge from oversupplied market: Maersk CEO
Gemini benefits face looming challenge from oversupplied market: Maersk CEO The carrier’s solid interim earnings through 2025 ensured a positive full-year result, but red ink made its first appearance in two years on the company’s quarterly balance sheet. Go to journal of commerce
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Gemini benefits face looming challenge from oversupplied market: Maersk CEO
Gemini benefits face looming challenge from oversupplied market: Maersk CEO The carrier’s solid interim earnings through 2025 ensured a positive full-year result, but red ink made its first appearance in two years on the company’s quarterly balance sheet. Go to journal of commerce
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‘Lumpy’ project cargo demand to lead to two-tier MPV market
‘Lumpy’ project cargo demand to lead to two-tier MPV market Power generation cargoes are on the rise amid surging demand linked to data centers, but cargo generated by oil projects will be on shakier ground in 2026. Go to journal of commerce
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‘Lumpy’ project cargo demand to lead to two-tier MPV market
‘Lumpy’ project cargo demand to lead to two-tier MPV market Power generation cargoes are on the rise amid surging demand linked to data centers, but cargo generated by oil projects will be on shakier ground in 2026. Go to journal of commerce
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US, Türkiye Discuss Naval Shipbuilding Cooperation Amid Growing Competition With China
US, Türkiye Discuss Naval Shipbuilding Cooperation Amid Growing Competition With China Image for representation purposes only The United States has been holding talks with Türkiye on possible cooperation in naval shipbuilding as the US Navy looks to expand its fleet while facing growing competition from China. The discussions, which have been ongoing since last year,…
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US, Türkiye Discuss Naval Shipbuilding Cooperation Amid Growing Competition With China
US, Türkiye Discuss Naval Shipbuilding Cooperation Amid Growing Competition With China Image for representation purposes only The United States has been holding talks with Türkiye on possible cooperation in naval shipbuilding as the US Navy looks to expand its fleet while facing growing competition from China. The discussions, which have been ongoing since last year,…
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China Remains World’s Largest Shipbuilder In 2025
China Remains World’s Largest Shipbuilder In 2025 Image for representation purposes only China remained the world’s leading shipbuilding nation in 2025, holding the largest market share across key indicators for the 16th consecutive year, according to data released by the Ministry of Industry and Information Technology. The data showed that China’s shipbuilding output reached 53.69…
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China Remains World’s Largest Shipbuilder In 2025
China Remains World’s Largest Shipbuilder In 2025 Image for representation purposes only China remained the world’s leading shipbuilding nation in 2025, holding the largest market share across key indicators for the 16th consecutive year, according to data released by the Ministry of Industry and Information Technology. The data showed that China’s shipbuilding output reached 53.69…
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Italian Coast Guard Detains Livestock Carrier After Finding 54 Safety Deficiencies
Italian Coast Guard Detains Livestock Carrier After Finding 54 Safety Deficiencies Image Credits: Italian Coast Guard The Italian Coast Guard has detained the livestock carrier Blue Ocean A at the port of Cagliari after an inspection found 54 safety deficiencies, including 30 violations serious enough to justify the vessel’s detention. The Guardia Costiera and the…
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Italian Coast Guard Detains Livestock Carrier After Finding 54 Safety Deficiencies
Italian Coast Guard Detains Livestock Carrier After Finding 54 Safety Deficiencies Image Credits: Italian Coast Guard The Italian Coast Guard has detained the livestock carrier Blue Ocean A at the port of Cagliari after an inspection found 54 safety deficiencies, including 30 violations serious enough to justify the vessel’s detention. The Guardia Costiera and the…
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Watch: U.S. Coast Guard, Tanker Crew Rescue 3 From Flooding Sailboat Off Florida
Watch: U.S. Coast Guard, Tanker Crew Rescue 3 From Flooding Sailboat Off Florida Image Credits: USCG Three people were rescued from a sailboat taking on water in the Atlantic Ocean around 450 miles east of Daytona Beach, Florida, following a joint operation by the U.S. Coast Guard and a merchant vessel. The U.S. Coast Guard…
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Watch: U.S. Coast Guard, Tanker Crew Rescue 3 From Flooding Sailboat Off Florida
Watch: U.S. Coast Guard, Tanker Crew Rescue 3 From Flooding Sailboat Off Florida Image Credits: USCG Three people were rescued from a sailboat taking on water in the Atlantic Ocean around 450 miles east of Daytona Beach, Florida, following a joint operation by the U.S. Coast Guard and a merchant vessel. The U.S. Coast Guard…
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Fifteen Dead After Speedboat Collides With Greek Patrol Vessel Near Chios
Fifteen Dead After Speedboat Collides With Greek Patrol Vessel Near Chios Image for representation purposes only At least 15 migrants have died after an inflatable speedboat carrying them collided with a Greek coast guard patrol vessel and capsized off the island of Chios late on Tuesday, Greek authorities said. The incident is one of the…
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Fifteen Dead After Speedboat Collides With Greek Patrol Vessel Near Chios
Fifteen Dead After Speedboat Collides With Greek Patrol Vessel Near Chios Image for representation purposes only At least 15 migrants have died after an inflatable speedboat carrying them collided with a Greek coast guard patrol vessel and capsized off the island of Chios late on Tuesday, Greek authorities said. The incident is one of the…
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Everllence books milestone dual-fuel two-stroke order
Everllence books milestone dual-fuel two-stroke order Everllence reports that it has received its 2,000th order for a dual-fuel engine from its two-stroke portfolio. COSCO Shipping Lines placed the milestone order. It is for an Everllence B&W 8G95ME—GI Mk. 10.5 main engine featuring EcoEGR (Exhaust Gas Recirculation), and as part of an order for 12 such…
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Everllence books milestone dual-fuel two-stroke order
Everllence books milestone dual-fuel two-stroke order Everllence reports that it has received its 2,000th order for a dual-fuel engine from its two-stroke portfolio. COSCO Shipping Lines placed the milestone order. It is for an Everllence B&W 8G95ME—GI Mk. 10.5 main engine featuring EcoEGR (Exhaust Gas Recirculation), and as part of an order for 12 such…
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Hines Furlong takes delivery of third boat in Mitubishi-powered newbuild program
Hines Furlong takes delivery of third boat in Mitubishi-powered newbuild program Hines Furlong Line has taken delivery of the M/V Oxford. The towboat is the third vessel inin an 11-boat construction program of vessels powered by Mitsubishi marine engines from Laborde Products. The program focuses on keeping the builds uniform and dependable, givingcrews equipment they…
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Hines Furlong takes delivery of third boat in Mitubishi-powered newbuild program
Hines Furlong takes delivery of third boat in Mitubishi-powered newbuild program Hines Furlong Line has taken delivery of the M/V Oxford. The towboat is the third vessel inin an 11-boat construction program of vessels powered by Mitsubishi marine engines from Laborde Products. The program focuses on keeping the builds uniform and dependable, givingcrews equipment they…
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Longitude launches new compact D-Flex PSV design
Longitude launches new compact D-Flex PSV design London-based design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design – the second design in its IMT Isca series, introduced in 2024. Longitude says that the D-Flex design is an evolution of its operationally proven IMT 984 (G-Class) design and is a…
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Longitude launches new compact D-Flex PSV design
Longitude launches new compact D-Flex PSV design London-based design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design – the second design in its IMT Isca series, introduced in 2024. Longitude says that the D-Flex design is an evolution of its operationally proven IMT 984 (G-Class) design and is a…
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Newport News completes successful builder’s sea trials of John F. Kennedy (CVN 79)
Newport News completes successful builder’s sea trials of John F. Kennedy (CVN 79) HII (NYSE: HII) reports that its Newport News Shipbuilding (NNS) division has successfully completed builder’s sea trials of the John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier. CVN 79 returned to NNS after testing important ship systems…
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Newport News completes successful builder’s sea trials of John F. Kennedy (CVN 79)
Newport News completes successful builder’s sea trials of John F. Kennedy (CVN 79) HII (NYSE: HII) reports that its Newport News Shipbuilding (NNS) division has successfully completed builder’s sea trials of the John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier. CVN 79 returned to NNS after testing important ship systems…
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Seaboard Marine adds mobile harbor cranes at PortMiami and Port Houston
Seaboard Marine adds mobile harbor cranes at PortMiami and Port Houston Seaboard Marine Ltd. has taken delivery of three LHM 550 mobile harbor cranes from Liebherr for use at its private terminals at PortMiami and Port Houston. The cranes are configured with electric drive systems and tower extensions and will be used to support container…
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Seaboard Marine adds mobile harbor cranes at PortMiami and Port Houston
Seaboard Marine adds mobile harbor cranes at PortMiami and Port Houston Seaboard Marine Ltd. has taken delivery of three LHM 550 mobile harbor cranes from Liebherr for use at its private terminals at PortMiami and Port Houston. The cranes are configured with electric drive systems and tower extensions and will be used to support container…
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MacGregor subsea crane for South Korean floating wind construction vessel
MacGregor subsea crane for South Korean floating wind construction vessel MacGregor will supply a 400-ton active heave compensated (AHC) subsea crane for a new […] The post MacGregor subsea crane for South Korean floating wind construction vessel appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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MacGregor subsea crane for South Korean floating wind construction vessel
MacGregor subsea crane for South Korean floating wind construction vessel MacGregor will supply a 400-ton active heave compensated (AHC) subsea crane for a new […] The post MacGregor subsea crane for South Korean floating wind construction vessel appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea
SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design […] The post SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea appeared first on Offshore Energy. Nadja Skopljak Go to offshore…
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SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea
SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design […] The post SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea appeared first on Offshore Energy. Nadja Skopljak Go to offshore…
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North Sea gas wells ready for CO2 storage as part of Dutch Porthos project
North Sea gas wells ready for CO2 storage as part of Dutch Porthos project Four North Sea gas production wells have officially been converted to CO2 injection wells […] The post North Sea gas wells ready for CO2 storage as part of Dutch Porthos project appeared first on Offshore Energy. Nadja Skopljak Go to offshore…
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North Sea gas wells ready for CO2 storage as part of Dutch Porthos project
North Sea gas wells ready for CO2 storage as part of Dutch Porthos project Four North Sea gas production wells have officially been converted to CO2 injection wells […] The post North Sea gas wells ready for CO2 storage as part of Dutch Porthos project appeared first on Offshore Energy. Nadja Skopljak Go to offshore…
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Chevron marks 2,000th LNG cargo from Australian gas project
Chevron marks 2,000th LNG cargo from Australian gas project Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has celebrated a new achievement at its giant gas project off the northwest coast of Western Australia (WA), with another liquefied natural gas (LNG) cargo. The post Chevron marks 2,000th LNG cargo from Australian…
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Chevron marks 2,000th LNG cargo from Australian gas project
Chevron marks 2,000th LNG cargo from Australian gas project Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has celebrated a new achievement at its giant gas project off the northwest coast of Western Australia (WA), with another liquefied natural gas (LNG) cargo. The post Chevron marks 2,000th LNG cargo from Australian…
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Tripartite partnership in Hong Kong targets hydrogen and green methanol
Tripartite partnership in Hong Kong targets hydrogen and green methanol The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec […] The post Tripartite partnership in Hong Kong targets hydrogen and green methanol appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Tripartite partnership in Hong Kong targets hydrogen and green methanol
Tripartite partnership in Hong Kong targets hydrogen and green methanol The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec […] The post Tripartite partnership in Hong Kong targets hydrogen and green methanol appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Boat Test: 2026 Starcraft SX 25 Q DC
Boat Test: 2026 Starcraft SX 25 Q DC Visit Starcraft Build Your Starcraft Find a Starcraft Dealer The SX 25 Q DC offers rock-solid feel and handling. Bill Doster Overview Pardon the hazy 1980s television nostalgia but I think it was The A-Team’s Colonel “Hannibal” Smith who used to say through cigar-clenched teeth that he…
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How to Replace SeaDek
How to Replace SeaDek The hardest part of installing new SeaDek is removing old SeaDek. Jim Hatch When SeaDek began offering custom-cut EVA closed-cell foam padding in 2004, I added a pair of long, narrow deck pads on either side of the center console and a third deck pad at the helm of my trusty…
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POLL: Bunker Margins Under Pressure as Low Prices Set to Persist in 2026
POLL: Bunker Margins Under Pressure as Low Prices Set to Persist in 2026 Ship & Bunker takes a closer look at the factors impacting low bunker margins. Go to ship&bunker
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Port Operations Suspended in Gibraltar and Algeciras Amid Bad Weather
Port Operations Suspended in Gibraltar and Algeciras Amid Bad Weather Ports in the Strait of Gibraltar have been facing severe weather since last month, disrupting bunker supply and port operations. Go to ship&bunker
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Spanish Energy Terminal Ready to Supply Bio-LNG to Vessels
Spanish Energy Terminal Ready to Supply Bio-LNG to Vessels Mugardos Energy Terminal has secured ISCC certification to supply bio-LNG to ships and tankers. Go to ship&bunker
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Crude Futures Drop as Iran Confirms Friday Nuclear Talks with US
Crude Futures Drop as Iran Confirms Friday Nuclear Talks with US Iran has confirmed that nuclear talks with Washington are scheduled for Friday in Muscat. Go to ship&bunker
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Oil Jumps 3% As Trump Warns That Iran’s Supreme Leader “Should Be Very Worried”
Oil Jumps 3% As Trump Warns That Iran’s Supreme Leader “Should Be Very Worried” Meanwhile, Venezuela banks its first oil sale proceeds. Go to ship&bunker
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Plymouth Trio Team Up on Autonomous Underwater Sensing Network
Plymouth Trio Team Up on Autonomous Underwater Sensing Network Uncrewed Surface Vessels (USVs) Go to workboat365
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KESTO Lands First Offshore Wind Service Contract with Vestas
KESTO Lands First Offshore Wind Service Contract with Vestas Offshore Wind Go to workboat365
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Candela P-12 Proves Long-Distance Capability of Electric Foiling Vessels
Candela P-12 Proves Long-Distance Capability of Electric Foiling Vessels Foiling Ferry Go to workboat365
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ACUA Ocean Teams with Bedrock to Accelerate AUV Deployments
ACUA Ocean Teams with Bedrock to Accelerate AUV Deployments Autonomous Underwater Vehicle (AUV) Go to workboat365
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Baltic Workboats to Build 30m Electric Catamaran for VLOOT DAB
Baltic Workboats to Build 30m Electric Catamaran for VLOOT DAB Ferries Go to workboat365
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Alternative fuels: practical considerations and horizons for use in OSV engines
Alternative fuels: practical considerations and horizons for use in OSV engines Despite some convergence around methanol and ethanol, owners are advised to look at options that best match real-world operating profiles Jamey Go to rivieramm
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Wärtsilä plans expansion as operations and cash flow hit all-time high in 2025
Wärtsilä plans expansion as operations and cash flow hit all-time high in 2025 The Finnish engine designer, manufacturer and technology developer cited a global increase in demand for energy and marine in plans to expand its production capacity in Finland by 35% Riviera Go to rivieramm
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UK Prime Minister highlights Anemoi Marine Technologies Ltd. as a global leader in maritime decarbonisation during China visit
UK Prime Minister highlights Anemoi Marine Technologies Ltd. as a global leader in maritime decarbonisation during China visit Anemoi Marine Technologies an engineering innovator in wind-assisted propulsion for shipping is being highlighted as an example of British excellence in maritime decarbonisation. John Snyder Go to rivieramm
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Maritime membrane nitrogen systems first to be class-approved for cyber security
Maritime membrane nitrogen systems first to be class-approved for cyber security Air Products Membrane Solutions becomes the first company to receive cyber-security certification from IACS for its maritime nitrogen systems Riviera Go to rivieramm
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VIDEO | Turkish Navy’s fifth Istif-class frigate hits the water
VIDEO | Turkish Navy’s fifth Istif-class frigate hits the water Jens Karsten Go to baird maritime
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Builder’s sea trials completed for US Navy aircraft carrier John F. Kennedy
Builder’s sea trials completed for US Navy aircraft carrier John F. Kennedy Will Xavier Go to baird maritime
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French Navy’s new dive support boat floated out
French Navy’s new dive support boat floated out Will Xavier Go to baird maritime
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US Coast Guard to invest $323m in new icebreaker base in Seattle
US Coast Guard to invest $323m in new icebreaker base in Seattle Will Xavier Go to baird maritime
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New catamaran crewboat delivered to Taiwanese windfarm support specialist
New catamaran crewboat delivered to Taiwanese windfarm support specialist Gareth Havelock Go to baird maritime
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Port Houston closed 2025 with 3% tonnage growth over the prior year, handling 54,491,066 short tons of cargo across its… Go to asiacargonews
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Ocean Network Express (ONE) reported a net loss of US$88 million in the third quarter of fiscal year 2025, as… Go to asiacargonews
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Swissport has completed an e-turnaround for a Brussels Airlines aircraft at Geneva Airport on January 29. It said that… Go to asiacargonews
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DHL Express appoints general manager of Central Asia Hub in Hong Kong
DHL Express appoints general manager of Central Asia Hub in Hong Kong DHL Express has announced the appointment of Lee Kwong Ming as the new general manager of the Central Asia Hub,… Go to asiacargonews
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Global Shipping Business Network (GSBN) has announced that Abu Dhabi Customs and China (Chongqing) International Trade… Go to asiacargonews
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China Starts Sea Trials for Largest Electric-Powered Containership
China Starts Sea Trials for Largest Electric-Powered Containership China’s first 10,000-ton electric containership is beginning sea trials. The shipyard is billing the ship as the largest of its kind and a further bre… The Maritime Executive Go to maritime executive
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AI Contributes to Surge in Cargo Theft and Freight Fraud
AI Contributes to Surge in Cargo Theft and Freight Fraud The International Union of Marine Insurance (IUMI) is raising the alarm over a significant surge in cargo theft and freight fraud across the global su… The Maritime Executive Go to maritime executive
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China Continued Shipbuilding Dominance in 2025, Raking In Most Orders
China Continued Shipbuilding Dominance in 2025, Raking In Most Orders In 2025, China once again dominated the world’s shipbuilding orderbooks, according to the latest numbers from Clarksons (compiled by eWorldShip). Out… The Maritime Executive Go to maritime executive
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SBI: India’s Refiners Could Make Money By Switching to Venezuelan Oil
SBI: India’s Refiners Could Make Money By Switching to Venezuelan Oil India’s refiners might make out well by taking a deal with the United States to buy lots of Venezuelan oil, according to the State Bank of India. Ind… The Maritime Executive Go to maritime executive
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Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy
Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy Faced with the need for more electrical power and a desire to expand renewable energy, Massachusetts is looking toward the import of renewable energy… The Maritime Executive Go to maritime executive
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Luis Ramos steps down as CEO of PrimeFlight México
Luis Ramos steps down as CEO of PrimeFlight México February 2, 2026 Go to aircargoweek
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Supernova Airlines operates urgent charter from Ostrava to Birmingham
Supernova Airlines operates urgent charter from Ostrava to Birmingham February 2, 2026 Go to aircargoweek
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SAF investment and certification gains momentum following IATA resolution
SAF investment and certification gains momentum following IATA resolution February 2, 2026 Go to aircargoweek
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Air cargo demand stabilises as Asia-Pacific and MESA drive early 2026 volumes
Air cargo demand stabilises as Asia-Pacific and MESA drive early 2026 volumes February 2, 2026 Go to aircargoweek
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ACS Time Critical moves Triceratops fossils
ACS Time Critical moves Triceratops fossils February 2, 2026 Go to aircargoweek
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Pistiolis in for 10 MR tanker newbuilds in China
Pistiolis in for 10 MR tanker newbuilds in China Greek shipowner Evangelos Pistiolis has re-entered the newbuilding market, placing an order for 10 MR product tankers in China in a deal approaching $500m. Pistiolis’ privately held Central Group has signed up for the 50,000 dwt vessels at Guangzhou Shipyard International (GSI), marking the group’s first…
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MOL Chemical Tankers readies leadership change
MOL Chemical Tankers readies leadership change MOL Chemical Tankers has announced a change at the top, with chief executive Akira Sasa set to retire at the end of March. Sasa, who took over as president and CEO in April 2022, joined the Singapore-based chemical tanker operator as a director in 2020 and has led the…
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Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea
Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-term vessel deal with turbine maker Vestas for the Shinan-Ui offshore wind farm. Under the agreement, KESTO will provide…
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Floatel firms up vessel deal in Brazil
Floatel firms up vessel deal in Brazil Oslo’s Floatel has firmed up Floatel Victory for another Brazil maintenance and safety unit (MSU) run with Brava Energia, extending the flotel’s South American stay. Floatel International said it has converted an October letter of intent into a six-month firm contract for the unit. The 2013-built semisub starts…
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CK Hutchison launches arbitration after Panama court voids port concessions
CK Hutchison launches arbitration after Panama court voids port concessions Hong Kong’s CK Hutchison has launched arbitration proceedings against the republic of Panama, escalating a deepening dispute over two key ports at the Panama Canal following a landmark Supreme Court ruling last week that invalidated its long-held concession contracts. The conglomerate disclosed early Wednesday that…
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Hull pays tribute to lost trawlermen
Hull pays tribute to lost trawlermen by Brian W Lavery Go to fishing news uk
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Logistics challenges see Chinese production reactivated
Logistics challenges see Chinese production reactivated Supply chain delays in congested ports and carrier challenges have contributed to some manufacturers returning to China, according to one regional freight forwarder. Nick Savvides Go to seatrade maritime
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MISC wins LCO2 carrier charter for Northern Lights
MISC wins LCO2 carrier charter for Northern Lights Carbon capture and storage project signs long-term charter with another expected to follow in April. Gary Howard Go to seatrade maritime
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Study highlights onshore power supply challenge for LNG-powered ships
Study highlights onshore power supply challenge for LNG-powered ships Boil-off gas could be harder to manage efficiently when LNG-fuelled vessels are cold ironing, CE Delft report finds. Gary Howard Go to seatrade maritime
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China retains shipbuilding crown in 2025
China retains shipbuilding crown in 2025 China’s shipbuilding output grew by over 10% in 2025 as it delivered more than half of the world’s tonnage once again. Katherine Si Go to seatrade maritime
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Wärtsilä to boost capacity at Sustainable Technology Hub
Wärtsilä to boost capacity at Sustainable Technology Hub Site housing engine production, training centre and remote monitoring facility to get €140m investment as company reports record profit. Paul Bartlett Go to seatrade maritime
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Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon
Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, which have drilled a dry hole in the Bulgarian sector of the Black Sea, are weeks away from drilling another well. The post Drilling yields ‘non-significant’…
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15,066 blocks up for grabs in next US offshore oil & gas lease sale
15,066 blocks up for grabs in next US offshore oil & gas lease sale The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas…
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Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund
Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund The Danish Energy Agency has received two final bids for the DKK 28.7 billion […] The post Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund appeared first on Offshore Energy. Nadja Skopljak Go…
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Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm
Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm Shell has struck a deal to offload a minor interest in an oil and gas development off the coast of Brazil to Energy Development Corporation (EDC), an affiliate of Kuwait Foreign Petroleum Exploration Company (KUFPEC), which is a subsidiary of…
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Floatel puts the seal on 2013-built vessel’s job with Brazilian oil & gas player
Floatel puts the seal on 2013-built vessel’s job with Brazilian oil & gas player Floatel International, an offshore accommodation provider, has hammered out an assignment for a 13-year-old semi-submersible accommodation and construction support unit with Brazil’s Brava Energia. The post Floatel puts the seal on 2013-built vessel’s job with Brazilian oil & gas player appeared…
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Labor strike at Chittagong Port cripples Bangladesh container flows
Labor strike at Chittagong Port cripples Bangladesh container flows Multiple local sources told the Journal of Commerce the escalating unrest that entered its fifth day Wednesday has brought all port operations, including vessel berthing and cargo clearance, to a halt. Go to journal of commerce
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Tariffs claim another victim on the trans-Pacific: the pre-CNY cargo surge
Tariffs claim another victim on the trans-Pacific: the pre-CNY cargo surge Sources say sustained weak market fundamentals have caused this year to be atypical in terms of demand in the immediate run-up to Lunar New Year, which begins Feb. 17. Go to journal of commerce
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Atlantic storms force terminals in Western Mediterranean to close again
Atlantic storms force terminals in Western Mediterranean to close again Just days after last week’s storm shut terminals and disrupted shipping schedules, Maersk warned that weather in the region has “deteriorated beyond initial expectations.” Go to journal of commerce
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Charleston slows railyard development amid insufficient shipper demand
Charleston slows railyard development amid insufficient shipper demand Charleston’s total rail lifts for 2025 were about one-quarter of the planned capacity of Navy Base Intermodal Facility, prompting the port’s CEO to reset capital spending plans. Go to journal of commerce
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DSV moves to transform its business as Schenker integration accelerates
DSV moves to transform its business as Schenker integration accelerates Absorbing its largest and most complex takeover to date was initially expected to take at least two years to complete, but will now be fully wrapped 20 months after the DB Schenker acquisition closed. Go to journal of commerce
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US Approves License For Texas Deepwater Oil Export Terminal After Six-Year Review
US Approves License For Texas Deepwater Oil Export Terminal After Six-Year Review Image for representation purposes only The United States Department of Transportation has approved a licence for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off the Texas coast, making it the first such approval under the Trump administration…
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Maersk & Hapag-Lloyd Reroute IMX Service Through Red Sea With Naval Protection
Maersk & Hapag-Lloyd Reroute IMX Service Through Red Sea With Naval Protection Image Credits: Maersk Maersk and Hapag-Lloyd have decided to change the routing of one of their shared container services under the Gemini Cooperation, allowing a limited return to the Red Sea and the Suez Canal. The change affects the IMX service, which connects…
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PCG Locates Sunken MV Trisha Kerstin 3 Off Basilan; Death Toll Rises To 45
PCG Locates Sunken MV Trisha Kerstin 3 Off Basilan; Death Toll Rises To 45 Image Credits: PCG/X The Philippine Coast Guard (PCG) has located the sunken passenger ferry MV Trisha Kerstin 3 in waters off Baluk-Baluk Island, Basilan, as the death toll from the incident increased to 45 following the latest recovery operations. The PCG…
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India Signs Agreement To Establish Bharat Container Shipping Line
India Signs Agreement To Establish Bharat Container Shipping Line Image for representation purposes only India has signed an agreement to set up the Bharat Container Shipping Line (BCSL), a new government-backed container carrier aimed at reducing dependence on foreign shipping lines and improving the country’s trade logistics. The memorandum of understanding (MoU) was signed on…
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US Shoots Down Iranian Drone With ‘Unclear Intent’ Near Aircraft Carrier In Arabian Sea
US Shoots Down Iranian Drone With ‘Unclear Intent’ Near Aircraft Carrier In Arabian Sea Image Credits: Wikipedia The United States military has shot down an Iranian drone that flew towards the aircraft carrier USS Abraham Lincoln in the Arabian Sea. US Central Command said a Navy F-35C fighter jet launched from the USS Abraham Lincoln…
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Boat Test: 2026 Grady-White Express 340
Boat Test: 2026 Grady-White Express 340 Visit Grady-White Build Your Grady-White Find a Grady-White Dealer The Express 340 tracks as if on rails, and it delivers a soft ride in head seas. Courtesy Grady-White Boats Overview The Express 330 spent more than two decades as Grady-White’s most popular model, so when the company announced a…
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Viking Line Secures Bio-LNG Covering 50% of Fuel Needs for First Half of 2026
Viking Line Secures Bio-LNG Covering 50% of Fuel Needs for First Half of 2026 The company’s LNG-fuelled ferries bunkered about 6,000 mt of bio-LNG last year. Go to ship&bunker
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Bureau Veritas and Wartsila Team Up to Assess Hybrid-Electric LNG Carrier Design
Bureau Veritas and Wartsila Team Up to Assess Hybrid-Electric LNG Carrier Design A hybrid-electric LNG carrier design focused on propulsion optimisation will be assessed under the joint project. Go to ship&bunker
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Jamaica Explores Alternative Marine Fuel Options at IMO-Backed Workshop
Jamaica Explores Alternative Marine Fuel Options at IMO-Backed Workshop A national workshop in Jamaica brought together stakeholders to discuss how alternative marine fuels could fit into the country’s ports and bunkering sector. Go to ship&bunker